muses of the moment

September 25, 2012

Celente

Filed under: Odds 'n ends, The Banking Crisis, The Dollar Crisis, The Federal Reserve, US Government Debt — totallygroovygirlfriday @ 12:24 pm

Click here for an interview with Gerald Celente with USAwatchdog.

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2 Comments »

  1. Gg,

    I’m a subscriber to Celente. I’m torn on his approach to the situation. Facts are facts and he does a great job with trends. Some are quite intense, but there is history to back him up. He gets a bit too agitated when giving his information most of the time. I guess that is OK, but it takes away from the message (IMHO). I also get uneasy with some things that he says. Sometimes Very un-American or downright offensive. Not everything mind you. I guess you can say I’m a hearer of Celente but not a full believer of Celente.

    His message… Basically the world economy is going to he’ll in a hand basket and world leaders will go to war to deflect their inability to do anything about it. There is a fear that it will go nuclear and that it could come to the United States but will most likely be relegated to the Middle and Near East regions. US becoming Facist and Europe about ready to collapse on itself with wars there as well.

    Thoughts?

    Comment by MikePhila — September 25, 2012 @ 5:13 pm

  2. MikePhila,

    My thoughts on these things go like this….

    I look at the facts, listen to the opinions, and come up with a worse case scenario and a best case scenario. Celente is obviously in the worst case camp. groovygirl believes the best case scenario is a slow burn: a long global depression with all costs increasing becausee of currency devaluation, debt, and/or expensive energy/raw material costs.

    So, gg makes a plan for the best case and the worse case. Most of the worse case, such as nuclear war, gg can not control or protect herself wholly. So, she acknowledges that and works with what she can control and within her current time, energy, and funds limits. So, gg is working a plan to combat the best case and gradually adds provisions for the worse case.

    If the global governments print money into oblivion and start a nuclear war, ones personal choices of what to do are fairly limited. Work with what you have control over and don’t stress about the rest. If you stress about your lack of control over the worst case, you might not take action on the things you can control.

    I honestly don’t know what will happen. But I know governments are scared and limited in recourse…and in a very reactive mode. Leaders that are scared make unwise decisions. But gg has no control over their unwise decisions, she only has control over her own actions.

    gg

    Comment by totallygroovygirlfriday — September 25, 2012 @ 5:31 pm


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